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Reinsurance (Tables)
6 Months Ended
Jun. 30, 2013
Insurance [Abstract]  
Impact of Catastrophe Excess of Loss Reinsurance Treaties on Premiums Written and Earned

The impact of the catastrophe excess of loss reinsurance treaties on premiums written and earned is as follows:

 

     Three Months Ended     Six Months Ended  
     June 30,     June 30,  
     2013     2012     2013     2012  

Premiums Written:

        

Direct

   $ 132,923        83,669        203,772        121,842   

Assumed

     (476     (342     (2,076     (1,620
  

 

 

   

 

 

   

 

 

   

 

 

 

Gross written

     132,447        83,327        201,696        120,222   

Ceded

     (24,617     (16,702     (46,613     (30,969
  

 

 

   

 

 

   

 

 

   

 

 

 

Net premiums written

   $ 107,830        66,625        155,083        89,253   
  

 

 

   

 

 

   

 

 

   

 

 

 

Premiums Earned:

        

Direct

   $ 64,826        39,873        117,953        73,171   

Assumed

     17,126        13,899        46,546        35,299   
  

 

 

   

 

 

   

 

 

   

 

 

 

Gross earned

     81,952        53,772        164,499        108,470   

Ceded

     (24,617     (16,702     (46,613     (30,969
  

 

 

   

 

 

   

 

 

   

 

 

 

Net premiums earned

   $ 57,335        37,070        117,886        77,501